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FxWirePro- Woodies pivot (Major) 
- USD/THB is currently trading around 31.72 marks.
- It made intraday high at 31.77 and low at 31.56 marks.
- Intraday bias remains bullish till the time pair holds key support at 31.56 mark.
- On the top side, key resistances are seen at 31.92, 32.14. 32.48 and 33.23 marks respectively.
- Alternatively, a daily close below 31.56 will drag the parity down towards key supports around 31.43, 31.18, 30.97, 30.87, 30.70, 30.56, 30.37, 30.15, 29.96 and 29.72 marks respectively.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
- Thailand’s trade balance stands at -1.560B vs 0.600B previous release (expected -0.800B).
We prefer to go long on USD/THB around 31.65, stop loss at 31.56 and target of 31.92/32.14.
